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20120926
20121004
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to saudi arabia to buy oil. that's what's added $4 trillion to our deficit. i mean, think about that. so we've created a mountain of debt for the next generation that they're going to have to pay off. >> sean: remember, under obama's watch household income has plummeted more than 8%, and he's added more debt than almost all of his predecessors combined. the president doesn't want to talk about his record because it's a record of failure. he's been disengaged from the moment he took office. not only is he not willing to meet with world leaders bike prime minister benjamin netanyahu, not willing to reach across the isle about serious matters. massive cuts and our defense are looming. the massive tax hike in history is imminent. mr. president, the solutions to those problems won't be reached by sitting on the couch of the "the view," nor found in jay-z's nightclub, nor in george clooney house. the author of a brand-new "new york times" bestseller is here. bob woodward. you said this is a moment of maximum peril. you described a president not engaged in terms of relationships to fix the problem
to fix this borrowing debt deficit issue in the book, vice president biden's chief of staff, talking about the economic crisis in 2011, that's exactly what is going on. there is so much evidence that it is the biggest future. we are on the path becoming europe and greece. you just can't keep borrowing money. there is a stunning and fiction in this country, and we need some sort of we need some serious intervention. in the book, what i attempt to do is take people to the presidents and leaders and tell you exactly because of the luxury of time and my publisher, simon & schuster, i declined to get the meeting notes to get the exact detail to interview president obama and speaker boehner and the key players in this. i just want to take one quick snapshot from what happened that we didn't know about, which is critical. when the cops pull up less when the president was upset, he called the congressional leaders on a saturday morning at 11:00 o'clock a.m. the democratic and republican leaders were trying to work out their own deal. harry reid, the democratic leader, said to the president,
in the real clip in 2013 is you can't sustain these deficits obviously for too long because they can't keep printing money and expect the world to take it or buy treasury notes forever. the economy is slow and they will be coming into another dip. they are foreign policy challenges i think the next president will have a moment between november 7, i agree just to begin november 7, on january 20. and i don't know, summer, fall of 2013 to do a lot. and i would bet that there would be a huge legislative agenda in 2013. i think whichever ones when can i do by the gridlock argument. if obama gets reelected he will have kind of a mandated basically. i mean, to go with his version of a big deal which will be bowles-simpson, the left version of bowles-simpson, let's say bowles-simpson with a tax hike for people over 250 or 500,000 or in a little less tight new form. if romney wins he will have a mandate for some version of the ryan budget, probably temper a little bit to get some democratic votes. if he becomes president i think we'll have a mandated something close to the. either way we'll probably
to the american society of civil engineers we are now $2 trillion in deficit in terms of infrastructure. immigration we have a policy to get a great education and then get the hell out of our country. we are fighting on the simplest h-1b issues that are so vital for our future strength. fourth, the rules for incentivizing risk-taking and preventing recklessness. i don't think that we have in any way remedied that the way we want and on the government funded research if it looks like an ekg heading for a heart attack. i don't know if they are relative to what. all i know is in the things that have historically made us great, on each one of those i see us not going in the direction we should be going. and for me that is the alarm bell and we could call and peptalk but i have been trying to put forth. >> jessica, let me ask the same question of you. are we as strong as we've ever been or are there other ways you see measurable decline? >> to me it's obvious that we are not as strong as we've ever been but for the reasons that tom has just enumerated, but also because the world has changed
the world to take it or buy treasury notes to fund trillion dollar deficits forever. the economy is slow and going into another dip. i actually think the next president will have a moment between november 7, and i do not know, this summer or fall of 2013 to do a lot. i would bet there is a huge legislative agenda in 2013. i did not really by the gridlock argument. if obama gets reelected, evil have a mandate basically -- he will have a mandate basically the lesser version of bowel- simpson. if romney wins, he will have a mandate for some version of the right and budget, probably tempered a little bit to get democratic votes. if he becomes president, he what the mandate for something close to that. either way, we will probably get a pretty big deal. i think 2013 becomes a big entitlement reform, tax reform, budget reform moment. there will be an amazing pivot on november 7. suddenly the campaign will be over. guess what, we are going to have entitlement reform. all of the things is that about mitt romney will destroy america, suddenly we will do something that will not look that wildly di
Search Results 0 to 5 of about 6 (some duplicates have been removed)

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